John Lauten - 14 Dec 2021 Form 4 Insider Report for MINIM, INC. (MINM)

Role: Chief Operating Officer
Signature: /s/ John Lauten
Issuer symbol: MINM
Transactions as of: 14 Dec 2021
Net transactions value: $0
Form type: 4
Filing time: 16 Dec 2021, 17:47:45 UTC
Previous filing: 29 Jul 2021
Next filing: 03 Mar 2022
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MINM	Restricted Stock Unit	Award	$0	+42,372	+80%	$0.000000	95,372	14 Dec 2021	Common Stock	42,372		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of Minim common stock The Restricted Stock Unit were issued pursuant to the Company's Omnibus Incentive Compensation Plan and has a vesting schedule as follows: One-fourth (1/4) of the Units will be deemed to become "Vested Units" on the first anniversary of date of the transaction date and one-sixteenth (1/16) of the Units will become Vested Units on each quarterly anniversary of the transaction date thereafter.
F2	NA

Content

Each restricted stock unit represents a contingent right to receive one share of Minim common stock The Restricted Stock Unit were issued pursuant to the Company's Omnibus Incentive Compensation Plan and has a vesting schedule as follows: One-fourth (1/4) of the Units will be deemed to become "Vested Units" on the first anniversary of date of the transaction date and one-sixteenth (1/16) of the Units will become Vested Units on each quarterly anniversary of the transaction date thereafter.